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Signals indicate Texas economy continues to improve

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Sunday, April 29, 2012

As many states across the US continue to struggle financially, many individuals, including some economists report multiple positive indicators for Texas.

The chief economist with Comerica Bank told media sources this week that most of the improvements are attributed to strong creations of jobs in both the energy and manufacturing and services sectors. More specifically, that report called the state's recent job growth, "robust".The state's unemployment rate in March was more than 1% lower than the nationwide rate, according to recent data.

When asked her opinion about the state's present economic trajectory, Chantal Woodhull, a middle school teacher in Tyler, Texas told Wikinews, "It's getting better." Other sources indicate slight improvements in the real estate sector.

According to a recent report, retail job growth in Houston outstretched all other states, increasing its number of workers by over 4%. Across the US, retail jobs are improving at a slow pace in many large metropolitan areas.



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Wikinews
Wikinews
 This article features first-hand journalism by Wikinews members. See the collaboration page for more details.

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This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article is licensed under the terms of the Creative Commons Attribution 2.5 License
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